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Economy

“Trump administration freezes $10 billion in child, family aid to 5 states over fraud concerns”

January 18, 2026

“The Trump administration froze $10 billion in grant funds for child care and family assistance programs in five states because of “serious concerns about widespread fraud” in state-administered programs. All five states targeted by the freeze — California, Colorado, Illinois,… Continue Reading…

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Economy

“European military powers work on 5-10 year plan to replace US in Nato”

March 24, 2025

“Europe’s biggest military powers are drawing up plans to take on greater responsibilities for the continent’s defence from the US, including a pitch to the Trump administration for a managed transfer over the next five to 10 years. The discussions… Continue Reading…

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Stocks

“U.S. stock market loses $5 trillion in value in three weeks”

March 17, 2025

“The S&P 500′s rapid 10% decline from a record high into correction territory has wiped out trillions of dollars in market value. The market value of the S&P 500 at its Feb. 19 peak was $52.06 trillion, according to FactSet. Thursday’s… Continue Reading…

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Business

“Sony hikes price of aging PlayStation 5 console in Japan by 19%”

September 5, 2024

“Sony said its suggested retail price for the PlayStation 5 is 79,980 yen, or $553, up 19% from the previous price. The hike will take effect from Sept. 2. Sony cited a challenging external environment, including fluctuations in the global… Continue Reading…

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Business, Stocks

“Apple shares drop nearly 5% after Warren Buffett’s Berkshire Hathaway slashes stake by half”

August 8, 2024

“Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half, causing the tech stock to crater on Monday amid the intensifying global sell-off. Berkshire Hathaway disclosed in its earnings filing that its Apple… Continue Reading…

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Business

“Apple sales rise 5%, topping estimates as iPad and Services revenues jump” [Aug 1 2024]

August 6, 2024

“…Here’s how Apple did versus LSEG consensus estimates for the quarter ended June 29:  Apple expects similar overall revenue growth in the current quarter, company finance chief Luca Maestri said on a call with analysts…” https://www.cnbc.com/2024/08/01/apple-aapl-earnings-report-q3-2024.html

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Stocks

“AMD jumps 5% as global chip stocks rally after earnings and geopolitics lift sector”

August 1, 2024

“Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of potentially less severe U.S. export restrictions on China. AMD was among the big winners with shares up… Continue Reading…

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Economy

“A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps”

May 14, 2024

“3. Delay Social Security…” https://finance.yahoo.com/news/record-4-1-million-americans-120000058.html That’s all you need to see from this article. This comment is so stupid its evil. Make no mistake this level of stupidity is evil. I’m going to tell you why this is evil. If… Continue Reading…

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Cryptocurrencies

“Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024”

April 9, 2024

“…Ripple’s Brad Garlinghouse told CNBC he expects the entire value of the crypto market to double, citing macro factors including the arrival of the first U.S. spot bitcoin exchange-traded funds, as well as the upcoming so-called bitcoin “halving.”…” https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html

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Business

“Cisco says it’s cutting 5% of global workforce, amounting to over 4,000 jobs”

February 26, 2024

“…It’s the latest tech company to downsize in 2024, as the industry continues to squeeze out costs following the market downturn that hit two years ago. January was the busiest month for job cuts in the industry since March, as Alphabet, Amazon,… Continue Reading…

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